Common use of Fixed Rate Payer Clause in Contracts

Fixed Rate Payer. Counterparty Fixed Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September 25, 2008, and ending on the Termination Date, with No Adjustment. Fixed Rate Payer Payment Dates: Early Payment shall be applicable. The Fixed Rate Payer Payment Date shall be two Business Days prior to each Fixed Rate Payer Period End Date. Fixed Rate: 5.45000% Fixed Amount: To be determined in accordance with the following formula: 250 * Fixed Rate * Notional Amount * Fixed Rate Day Count Fraction Fixed Rate Day Count Fraction: 30/360 Floating Amounts: Floating Rate Payer: BSFP Floating Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September 25, 2008, and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicable. The Floating Rate Payer Payment Date shall be two Business Days prior to each Floating Rate Payer Period End Date. Floating Rate for initial Calculation Period: To be determined. Floating Rate Option: USD-LIBOR-BBA Floating Amount: To be determined in accordance with the following formula: 250 * Floating Rate Option * Notional Amount * Floating Rate Day Count Fraction. Designated Maturity: One month Spread: None Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period. Compounding: Inapplicable Business Days: New York Business Day Convention: Following Additional Amount: In connection with entering into this Transaction USD 624,000 is payable by BSFP on August 30, 2006.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2006-Wfhe2), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2006-Wfhe2)

AutoNDA by SimpleDocs

Fixed Rate Payer. Counterparty Fixed Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September October 25, 2008, 2005 and ending on the Termination Date, with No Adjustment. Fixed Rate Payer Payment DatesDate: Early Payment shall be applicable. The Fixed Rate Payer Payment Date shall be two 25th calendar day of each month during the Term of this Transaction, commencing October 25, 2005 and ending on the Termination Date, subject to adjustment in accordance with the Following Business Days prior to each Fixed Rate Payer Period End DateDay Convention. Fixed Rate: 5.450004.3675% Fixed Amount: To be determined in accordance with the following formula: 250 100 * Fixed Rate * Notional Amount * Fixed Rate Day Count Fraction Fraction. Fixed Rate Day Count Fraction: 30/360 Floating Amounts: Floating Rate Payer: BSFP IXIS Floating Rate Payer Period End Payment Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September October 25, 2008, 2005 and ending on the Termination Date, subject to adjustment in accordance with the Following Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicable. The Floating Rate Payer Payment Date shall be two Business Days prior to each Floating Rate Payer Period End Date. Floating Rate for initial Calculation Period: To be determined. Floating Rate Option: USD-LIBOR-BBA Floating Amount: To be determined in accordance with the following formula: 250 100 * Floating Rate Option * Notional Amount * Floating Rate Day Count Fraction. Fraction Designated Maturity: One month Spread: None Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period. Compounding: Inapplicable Business Days: New York Business Day Conventionand Illinois Calculation Agent: Following Additional Amount: In connection with entering into this Transaction USD 624,000 is payable by BSFP on August 30, 2006.IXIS

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2005-He9), Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2005-He9)

Fixed Rate Payer. Counterparty Party B Fixed Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September October 25, 20082007, and ending on the Termination Date, with No Adjustment. Fixed Rate Payer Payment Dates: Early Payment shall be applicable. The Fixed Rate Payer Payment Date shall be two one (1) Business Days prior to Day preceding each Fixed Rate Payer Period End Date. Fixed Rate: 5.450005.200% Fixed Amount: To be determined in accordance with the following formula: 250 * Fixed Rate * Notional Amount * Fixed 250*Fixed Rate*Notional Amount*Fixed Rate Day Count Fraction Fixed Rate Day Count Fraction: 30/360 Floating Amounts: Floating Rate Payer: BSFP Party A Floating Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September October 25, 20082007, and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicable. The Floating Rate Payer Payment Date shall be two one (1) Business Days prior to Day preceding each Floating Rate Payer Period End Date. Floating Rate for initial Calculation Period: To be determined. Floating Rate Option: USD-LIBOR-BBA Floating Amount: To be determined in accordance with the following formula: 250 * Floating 250*Floating Rate Option * Notional Amount * Floating Option*Notional Amount*Floating Rate Day Count Fraction. Fraction Designated Maturity: One month Spread: None Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period. Compounding: Inapplicable Business Days: New York Business Day Convention: Following Additional AmountCalculation Agent: In connection with entering into this Transaction USD 624,000 is payable by BSFP on August 30, 2006.Party A

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Soundview Home Loan Trust 2006-Eq2)

Fixed Rate Payer. Counterparty Fixed Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September December 25, 20082005, and ending on the Termination Date, with No Adjustment. Fixed Rate Payer Payment DatesDate: Early Payment shall be applicable. The Fixed Rate Payer Payment Date shall be two 25th calendar day of each month during the Term of this Transaction, commencing December 25, 2005, and ending on the Termination Date, subject to adjustment in accordance with the Following Business Days prior to each Fixed Rate Payer Period End DateDay Convention. Fixed Rate: 5.450004.795% Fixed Amount: To be determined in accordance with the following formula: 250 * Fixed Rate * Notional Amount * Fixed Rate Day Count Fraction Fraction. Fixed Rate Day Count Fraction: 30/360 Floating AmountsAmount: Floating Rate Payer: BSFP IXIS Floating Rate Payer Period End Payment Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September December 25, 20082005, and ending on the Termination Date, subject to adjustment in accordance with the Following Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicable. The Floating Rate Payer Payment Date shall be two Business Days prior to each Floating Rate Payer Period End Date. Floating Rate for initial Calculation Period: To be determined. Floating Rate Option: USD-LIBOR-BBA Floating Amount: To be determined in accordance with the following formula: 250 * Floating Rate Option * Notional Amount * Floating Rate Day Count Fraction. Fraction Designated Maturity: One month Spread: None Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period. Compounding: Inapplicable Business Days: New York Business Day Conventionand Los Angeles Calculation Agent: Following Additional Amount: In connection with entering into this Transaction USD 624,000 is payable by BSFP on August 30, 2006.IXIS

Appears in 1 contract

Samples: Pooling and Servicing Agreement (New Century Home Equity Loan Trust, Series 2005-C)

Fixed Rate Payer. Counterparty Fixed Rate Payer Period End Payment Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September December 25, 20082007, and ending on the Termination Date, subject to adjustment in accordance with No Adjustment. Fixed Rate Payer Payment Dates: Early Payment shall be applicable. The Fixed Rate Payer Payment Date shall be two the Business Days prior to each Fixed Rate Payer Period End DateDay Convention. Fixed Rate: 5.450005.25% Fixed Amount: To be determined in accordance with the following formula: 250 * Fixed Rate * Notional Amount * Fixed 250*Fixed Rate*Notional Amount*Fixed Rate Day Count Fraction Fixed Rate Day Count Fraction: 30/360 Floating Amounts: Floating Rate Payer: BSFP Party A Floating Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September December 25, 20082007, and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicable. The Floating Rate Payer Payment Date shall be two 25th calendar day of each month during the Term of this Transaction, commencing December 25, 2007, and ending on the Termination Date, subject to adjustment in accordance with the Business Days prior to each Floating Rate Payer Period End Date. Floating Rate for initial Calculation Period: To be determinedDay Convention. Floating Rate Option: USD-LIBOR-BBA Floating Amount: To be determined in accordance with the following formula: 250 * Floating 250*Floating Rate Option * Notional Amount * Floating Option*Notional Amount*Floating Rate Day Count Fraction. Fraction Designated Maturity: One month Spread: None Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period. Compounding: Inapplicable Business Days: New York Business Day Convention: Following Additional Floating Amount: In connection with entering into this Transaction USD 624,000 is payable by BSFP 3,960,000.00, to be paid on August 30, 2006the Effective Date.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Soundview Home Loan Trust 2006-Wf2)

Fixed Rate Payer. Counterparty Fixed Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September February 25, 2008, 2006 and ending on the Termination Date, with No Adjustment. Fixed Rate Payer Payment DatesDate: Early Payment shall be applicable. The Fixed Rate Payer Payment Date shall be two 25th calendar day of each month during the Term of this Transaction, commencing February 25, 2006 and ending on the Termination Date, subject to adjustment in accordance with the Business Days prior to each Fixed Rate Payer Period End DateDay Convention. Fixed Rate: 5.450004.75300% Fixed Amount: To be determined in accordance with the following Following formula: 250 * Fixed Rate * Notional Amount * Fixed Rate Day Count Fraction Fraction. Fixed Rate Day Count Fraction: 30/360 Floating Amounts: Floating Rate Payer: BSFP Floating Rate Payer Period End Payment Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September February 25, 20082006, and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicable. The Floating Rate Payer Payment Date shall be two Business Days prior to each Floating Rate Payer Period End Date. Floating Rate for initial Calculation Period: To be determined. Floating Rate Option: USD-LIBOR-BBA Floating Amount: To be determined in accordance with the following Following formula: 250 * Floating Rate Option * Notional Amount * Floating Rate Day Count Fraction. Spread: None Designated Maturity: One month Spread: None Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period. Compounding: Inapplicable Business Days: New York and Santa Xxx Business Day Convention: Following Additional Amount: In connection with entering into this Transaction USD 624,000 is payable by BSFP on August 30, 2006.Following

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Home Equity Mortgage Loan Asset-Backed Trust, Series INABS 2006-A)

Fixed Rate Payer. Counterparty Fixed Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September October 25, 2008, 2005 and ending on the Termination Date, with No Adjustment. Fixed Rate Payer Payment DatesDate: Early Payment shall be applicable. The Fixed Rate Payer Payment Date shall be two 25th calendar day of each month during the Term of this Transaction, commencing October 25, 2005 and ending on the Termination Date, subject to adjustment in accordance with the Following Business Days prior to each Fixed Rate Payer Period End DateDay Convention. Fixed Rate: 5.450004.205% Fixed Amount: To be determined in accordance with the following formula: 250 * Fixed Rate * Notional Amount * Fixed Rate Day Count Fraction Fraction. Fixed Rate Day Count Fraction: 30/360 Floating AmountsAmount: Floating Rate Payer: BSFP IXIS Floating Rate Payer Period End Payment Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September October 25, 2008, 2005 and ending on the Termination Date, subject to adjustment in accordance with the Following Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicable. The Floating Rate Payer Payment Date shall be two Business Days prior to each Floating Rate Payer Period End Date. Floating Rate for initial Calculation Period: To be determined. Floating Rate Option: USD-LIBOR-BBA Floating Amount: To be determined in accordance with the following formula: 250 * Floating Rate Option * Notional Amount * Floating Rate Day Count Fraction. Fraction Designated Maturity: One month Spread: None Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period. Compounding: Inapplicable Business Days: New York Business Day Conventionand Los Angeles Calculation Agent: Following Additional Amount: In connection with entering into this Transaction USD 624,000 is payable by BSFP on August 30, 2006.IXIS

Appears in 1 contract

Samples: Pooling and Servicing Agreement (New Century Home Equity Loan Trust Series 2005-B)

Fixed Rate Payer. Counterparty Party B Fixed Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September March 25, 2008, 2007 and ending on the Termination Date, with No Adjustment. Fixed Rate Payer Payment DatesDate: Early Payment shall be applicable. The Fixed Rate Payer Payment Date shall be two One Business Days Day prior to each Fixed Rate Payer Period End Date. Fixed Rate: 5.450005.0670% Fixed Amount: To be determined in accordance with the following formula: 250 Scale Factor * Fixed Rate * Notional Amount * Fixed Rate Day Count Fraction Fraction. Fixed Rate Day Count Fraction: 30/360 Floating Amounts: Floating Rate Payer: BSFP Party A Floating Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September March 25, 2008, 2007 and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicable. The Floating Rate Payer Payment Date shall be two One Business Days Day prior to each Floating Rate Payer Period End Date. Floating Rate for initial Calculation Period: To be determined. Floating Rate Option: USD-LIBOR-BBA Floating Amount: To be determined in accordance with the following formula: 250 * Floating Rate Option * Notional Amount * Floating Rate Day Count Fraction. Designated Maturity: One month Spread: None Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period. Compounding: Inapplicable Business Days: New York and Illinois Business Day Convention: Following Additional Floating Amount: In connection To be determined in accordance with entering into this Transaction USD 624,000 is payable by BSFP on August 30, 2006.the following formula: Scale Factor * Floating Rate Option * Notional Amount * Floating Rate Day Count Fraction Scale Factor: 100 Calculation Agent: Party A

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2007-Sl2)

Fixed Rate Payer. Counterparty Fixed Rate Payer Period End Payment Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September January 25, 2008, 2006 and ending on the Termination Date, subject to adjustment in accordance with No Adjustment. Fixed Rate Payer Payment Dates: Early Payment shall be applicable. The Fixed Rate Payer Payment Date shall be two the Business Days prior to each Fixed Rate Payer Period End DateDay Convention. Fixed Rate: 5.450004.85500% Fixed Amount: To be determined in accordance with the following formulaFormula: 250 * Fixed Rate * Notional Amount * Fixed 250*Fixed Rate*Notional Amount*Fixed Rate Day Count Fraction Fixed Rate Day Count Fraction: 30/360 Floating Amounts: Floating Rate Payer: BSFP Floating Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September January 25, 2008, 2006 and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicable. The Floating Rate Payer Payment Date shall be two 25th calendar day of each month during the Term of this Transaction, commencing January 25, 2006 and ending on the Termination Date, subject to adjustment in accordance with the Business Days prior to each Floating Rate Payer Period End Date. Floating Rate for initial Calculation Period: To be determinedDay Convention. Floating Rate Option: USD-LIBOR-BBA Floating Amount: To be determined in accordance with the following formulaFormula: 250 * Floating 250*Floating Rate Option * Notional Amount * Floating Option*Notional Amount*Floating Rate Day Count Fraction. Fraction Designated Maturity: One month Spread: None Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period. Period Compounding: Inapplicable Business Days: New York and Santa Ana, California Business Day Convention: Following Additional Amount: In connection with entering into this Transaction USD 624,000 is payable by BSFP on August 30, 2006.Following

Appears in 1 contract

Samples: Pooling and Servicing Agreement (New Century Home Equity Loan Trust Series 2005-D)

Fixed Rate Payer. Counterparty Fixed Rate Payer Period End Payment Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September July 25, 20082006, and ending on the Termination Date, subject to adjustment in accordance with No Adjustment. Fixed Rate Payer Payment Dates: Early Payment shall be applicable. The Fixed Rate Payer Payment Date shall be two the Business Days prior to each Fixed Rate Payer Period End DateDay Convention. Fixed Rate: 5.450005.05750% Fixed Amount: To be determined in accordance with the following formulaFormula: 250 * Fixed Rate * Notional Amount * Fixed 100*Fixed Rate*Notional Amount*Fixed Rate Day Count Fraction Fixed Rate Day Count Fraction: 30/360 Floating Amounts: Floating Rate Payer: BSFP Floating Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September July 25, 20082006, and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicable. The Floating Rate Payer Payment Date shall be two 25th calendar day of each month during the Term of this Transaction, commencing July 25, 2006, and ending on the Termination Date, subject to adjustment in accordance with the Business Days prior to each Floating Rate Payer Period End Date. Floating Rate for initial Calculation Period: To be determinedDay Convention. Floating Rate Option: USD-LIBOR-BBA Floating Amount: To be determined in accordance with the following formulaFormula: 250 * Floating 100*Floating Rate Option * Notional Amount * Floating Option*Notional Amount*Floating Rate Day Count Fraction. Fraction Designated Maturity: One month Spread: None Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period. Compounding: Inapplicable Business Days: New York and Illinois Business Day Convention: Following Additional AmountCalculation Agent: In connection with entering into this Transaction USD 624,000 is payable by BSFP on August 30, 2006.BSFP

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I LLC Trust 2006-Ec2)

AutoNDA by SimpleDocs

Fixed Rate Payer. Counterparty Fixed Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September October 25, 2008, 2006 and ending on the Termination Date, with No Adjustment. Fixed Rate Payer Payment Dates: Early Payment shall be applicable. The Fixed Rate Payer Payment Date shall be two Business Days prior to each Fixed Rate Payer Period End Date. Fixed Rate: 5.450005.479% Fixed Amount: To be determined in accordance with the following formula: 250 * Fixed Rate * Notional Amount * Fixed Rate Day Count Fraction Fraction. Fixed Rate Day Count Fraction: 30/360 Floating Amounts: Floating Rate Payer: BSFP Floating Rate Payer Payment Dates: The 25th calendar day of each month during the Term of this Transaction, commencing October 25, 2006 and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September October 25, 2008, 2006 and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicable. The Floating Rate Payer Payment Date shall be two Business Days prior to each Floating Rate Payer Period End Date. Floating Rate for initial Calculation Period: To be determined. Floating Rate Option: USD-LIBOR-BBA Floating Amount: To be determined in accordance with the following formula: 250 * Floating Rate Option * Notional Amount * Floating Rate Day Count Fraction. Spread: None Designated Maturity: One month Spread: None Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period. Compounding: Inapplicable Business Days: New York Business Day Convention: Following Additional Amount: In connection with entering into this Transaction USD 624,000 is payable by BSFP on August 30, 2006.Following

Appears in 1 contract

Samples: Pooling and Servicing Agreement (IndyMac Home Equity Loan Asset-Backed Trust, Series INDS 2006-2b)

Fixed Rate Payer. Counterparty Fixed Rate Payer Period End Payment Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September November 25, 20082006, and ending on the Termination Date, subject to adjustment in accordance with No Adjustment. Fixed Rate Payer Payment Dates: Early Payment shall be applicable. The Fixed Rate Payer Payment Date shall be two the Business Days prior to each Fixed Rate Payer Period End DateDay Convention. Fixed Rate: 5.450005.40000% Fixed Amount: To be determined in accordance with the following formulaFormula: 250 * Fixed Rate * Notional Amount * Fixed 250*Fixed Rate*Notional Amount*Fixed Rate Day Count Fraction Fixed Rate Day Count Fraction: 30/360 Floating Amounts: Floating Rate Payer: BSFP Floating Rate Payer Period End Payment Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September November 25, 20082006, and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicable. The Floating Rate Payer Payment Date shall be two Business Days prior to each Floating Rate Payer Period End Date. Floating Rate for initial Calculation Period: To be determined. 5.32000% Floating Rate Option: USD-LIBOR-BBA Floating Amount: To be determined in accordance with the following formulaFormula: 250 * Floating 250*Floating Rate Option * Notional Amount * Floating Option*Notional Amount*Floating Rate Day Count Fraction. Fraction Designated Maturity: One month Spread: None Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period. Compounding: Inapplicable Business Days: New York Business Day Convention: Following Additional Amount: In connection with entering into this Transaction USD 624,000 is payable by BSFP on August 30, 2006.Following

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Soundview Home Loan Trust 2006-Wf1)

Fixed Rate Payer. Counterparty Fixed Rate Payer Period End Payment Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September January 25, 20082007, and ending on the Termination Date, subject to adjustment in accordance with No Adjustment. Fixed Rate Payer Payment Dates: Early Payment shall be applicable. The Fixed Rate Payer Payment Date shall be two the Business Days prior to each Fixed Rate Payer Period End DateDay Convention. Fixed Rate: 5.450005.1230% Fixed Amount: To be determined in accordance with the following formula: 250 100 * Fixed Rate * Notional Amount * Fixed Rate Day Count Fraction Fixed Rate Day Count Fraction: 30/360 Floating Amounts: Floating Rate Payer: BSFP Party A Floating Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September January 25, 20082007, and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicable. The Floating Rate Payer Payment Date shall be two 25th calendar day of each month during the Term of this Transaction, commencing January 25, 2007, and ending on the Termination Date, subject to adjustment in accordance with the Business Days prior to each Floating Rate Payer Period End Date. Floating Rate for initial Calculation Period: To be determinedDay Convention. Floating Rate Option: USD-LIBOR-BBA Designated Maturity: One month Floating Amount: To be determined in accordance with the following formula: 250 100 * Floating Rate Option * Notional Amount * Floating Rate Day Count Fraction. Fraction Designated Maturity: One month Spread: None Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period. Compounding: Inapplicable Business Days: New York Business Day Convention: Following Additional AmountCalculation Agent: In connection with entering into this Transaction USD 624,000 is payable by BSFP on August 30, 2006.Party A

Appears in 1 contract

Samples: Servicing Agreement (SACO I Trust 2007-1)

Fixed Rate Payer. Counterparty Fixed Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September August 25, 20082006, and ending on the Termination Date, with No Adjustment. Fixed Rate Payer Payment DatesDate: Early Payment shall be applicable. The Fixed Rate Payer Payment Date shall be two 25th calendar day of each month during the Term of this Transaction, commencing August 25, 2006, and ending on the Termination Date, subject to adjustment in accordance with the Following Business Days prior to each Fixed Rate Payer Period End DateDay Convention. Fixed Rate: 5.450004.936% Fixed Amount: To be determined in accordance with the following formula: 250 100 * Fixed Rate * Notional Amount * Fixed Rate Day Count Fraction Fraction. Fixed Rate Day Count Fraction: 30/360 Floating Amounts: Floating Rate Payer: BSFP IXIS Floating Rate Payer Period End Payment Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September August 25, 20082006, and ending on the Termination Date, subject to adjustment in accordance with the Following Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicable. The Floating Rate Payer Payment Date shall be two Business Days prior to each Floating Rate Payer Period End Date. Floating Rate for initial Calculation Period: To be determined. Floating Rate Option: USD-LIBOR-BBA Floating Amount: To be determined in accordance with the following formula: 250 100 * Floating Rate Option * Notional Amount * Floating Rate Day Count Fraction. Fraction Designated Maturity: One month Spread: None Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period. Compounding: Inapplicable Business Days: New York Business Day Conventionand Illinois Calculation Agent: Following Additional Amount: In connection with entering into this Transaction USD 624,000 is payable by BSFP on August 30, 2006.IXIS

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2005-He12)

Fixed Rate Payer. Counterparty Fixed Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September July 25, 20082005, and ending on the Termination Date, with subject to No Adjustment. Fixed Rate Payer Payment Dates: Early Payment shall be applicable. The Fixed Rate Payer Payment Date shall be two Business Days prior to each Fixed Rate Payer Period End Date. Fixed Rate: 5.450003.94000% Fixed Amount: To be determined in accordance with the following formula: 250 * Fixed Rate * Notional Amount * Fixed Rate Day Count Fraction Fraction. Fixed Rate Day Count Fraction: 30/360 Floating Amounts: Floating Rate Payer: BSFP Floating Rate Payer Payment Dates: The 25th calendar day of each month during the Term of this Transaction, commencing July 25, 2005 and ending on the Termination Date, subject to adjustment in accordance with the Modified Following Business Day Convention. Floating Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September July 25, 2008, 2005 and ending on the Termination Date, subject to adjustment in accordance with the Modified Following Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicable. The Floating Rate Payer Payment Date shall be two Business Days prior to each Floating Rate Payer Period End Date. Floating Rate for initial Calculation Period: To be determined. Floating Rate Option: USD-LIBOR-BBA Floating Amount: To be determined in accordance with the following formula: 250 * Floating Rate Option * Notional Amount * Floating Rate Day Count Fraction. Designated Maturity: One month Spread: None Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period. Compounding: Inapplicable Business Days: New York Business Day Convention: Following Additional Amount: In connection with entering into this Transaction USD 624,000 is payable by BSFP on August 30, 2006.and Los Angeles

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R5)

Fixed Rate Payer. Counterparty Fixed Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September June 25, 2008, 2006 and ending on the Termination Date, with No Adjustment. Fixed Rate Payer Payment DatesDate: Early Payment shall be applicable. The Fixed Rate Payer Payment Date shall be two 25th calendar day of each month during the Term of this Transaction, commencing June 25, 2006 and ending on the Termination Date, subject to adjustment in accordance with the Following Business Days prior to each Fixed Rate Payer Period End DateDay Convention. Fixed Rate: 5.450005.29250% Fixed Amount: To be determined in accordance with the following formula: 250 100 * Fixed Rate * Notional Amount * Fixed Rate Day Count Fraction Fraction. Fixed Rate Day Count Fraction: 30/360 Floating Amounts: Floating Rate Payer: BSFP Floating Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September June 25, 2008, 2006 and ending on the Termination Date, subject to adjustment in accordance with the Following Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicable. The Floating Rate Payer Payment Date shall be two 25th calendar day of each month during the Term of this Transaction, commencing June 25, 2006 and ending on the Termination Date, subject to adjustment in accordance with the Following Business Days prior to each Floating Rate Payer Period End Date. Floating Rate for initial Calculation Period: To be determinedDay Convention. Floating Rate Option: USD-LIBOR-BBA Floating Amount: To be determined in accordance with the following formula: 250 100 * Floating Rate Option * Notional Amount * Floating Rate Day Count Fraction. Fraction Designated Maturity: One month Spread: None Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period. Compounding: Inapplicable Business Days: New York Business Day Conventionand Illinois Calculation Agent: Following Additional Amount: In connection with entering into this Transaction USD 624,000 is payable by BSFP on August 30, 2006.BSFP

Appears in 1 contract

Samples: Custodial Agreement (SACO I Trust 2006-6)

Time is Money Join Law Insider Premium to draft better contracts faster.